The sold production of concrete products for construction purposes in Austria exhibited fluctuating trends over the years. Between 2013 and 2017, there was a steady increase, peaking in 2017. However, 2018 saw a dramatic decline of 35.27%, followed by a recovery and fluctuations peaking again in 2020. The values then dropped significantly in 2021, fluctuating slightly through 2023, where the volume stood at 2.6591 billion kilograms, a notable decrease from 2020. The stage is set for a continued downward trend, with the forecast through 2028 predicting a consistent decline at an average annual rate of -2.18%.
Future Trends to Watch For:
- Economic factors impacting construction activity.
- Technological advancements in construction materials.
- Government regulations and incentives for construction projects.
- Changes in market demand for sustainable and eco-friendly building materials.